M/S ECOSOL INDUSTRIES

COST OF PROJECT

SR. NO. PARTICULARS AMOUNT

(Rs.in Lacs)

(I) Land & Site Development 45.00

(II) Building 42.83

(III) Plant & Machinery 97.00

(IV) Preliminary & Pre-operative Expenses 5.00

(V) Margin Money for working Capital 7.17

TOTAL 197.00

MEANS OF FINANCE

(I) Promoters Contribution 67.00

(II) Term Loan from Bank 130.00

TOTAL 197.00
 M/S ECOSOL INDUSTRIES

CALCULATION OF DEPRECIATION

PARTICULARS LAND PREMISES PLANT & MISCELLONEOUS TOTAL

MACHINERY FIXED ASSETS

Rate of Depreciation - 10% 15% 10%

Original Cost 45.00 40.00 97.00 10.00 192.00

Add : Pre-operative Expenses 0 0.00 0.00 0 0.00

Total Cost 45.00 40.00 97.00 10.00 192.00

Less : Depreciation Yr 1 - 2 7.275 0.5 9.78

W.D.V. 45.00 38.00 89.73 9.50 182.23

Less : Depreciation Yr 2 - 3.80 13.46 0.95 18.21

W.D.V. 45.00 34.20 76.27 8.55 164.02

Less : Depreciation Yr 3 - 3.42 11.4399375 0.855 15.71

W.D.V. 45.00 30.78 64.83 7.70 148.30

Less : Depreciation Yr 4 - 3.078 9.723946875 0.7695 13.57

W.D.V. 45.00 27.70 55.10 6.93 134.73

Less : Depreciation Yr 5 - 2.77 8.27 0.69 11.73

W.D.V. 45.00 24.93 46.84 6.23 123.00

Less : Depreciation Yr 6 - 2.49 7.03 0.62 10.14

W.D.V. 45.00 22.44 39.81 5.61 112.86

Less : Depreciation Yr 7 - 2.24 5.97 0.56 8.78

W.D.V. 45.00 20.19 33.84 5.05 104.08

Less : Depreciation Yr 8 - 2.02 5.08 0.50 7.60

W.D.V. 45.00 18.18 28.76 4.54 96.48

 M/S ECOSOL INDUSTRIES

WORKING NOTES TO PROJECTED PROFITABILITY STATEMENT

PARTICULARS YEAR
1st 2nd 3rd 4th 5th

Production Capacity TON per day 10 10 10 10 10

No. of Working Hours HOURS 12 12 12 12 12

No. of Working Days DAYS 100 300 300 300 300

No. of Shifts Per Day SHIFT ONE ONE ONE ONE ONE

Capacity Utilisation % 100 100 100 100 100

Production TON 1000 3000 3000 3000 3000

Sales TON 1000 3000 3000 3000 3000

Sales Realisation Rs. In Lacs 132.66 397.98 417.88 438.77 460.71

Rs. 132660/- per TEN TON

Raw Materials Consumed

Scrap Tyre TON 1000 3000 3000 3000 3000

Raw Material Consumption

Scrap Tyre Rs. In Lacs 99.00 297.00 311.85 327.44 343.81
Rs. 99000/- per TEN TON

Wood Rs. In Lacs 6 18 18.9 19.845 20.83725

Rs. 6000/- per TEN TON

Power Cost
Power Consumption Rs. In Lacs 1.5 4.5 4.73 4.96 5.21
Rs. 1500 Per TEN TON

Salary & Wages

Wages Rs. In Lacs 3.00 9.00 9.23 9.46 9.69
Rs. 3000 per TEN TON

Salary Rs. In Lacs 0.40 1.44 1.44 1.44 1.44

Rs. 12000 pm for one employee

Repairs & Maintenance Rs. In Lacs 0.5 1.5 1.5 1.5 1.5
Rs. 500 per TEN TON

TOTAL 110.40 331.44 347.64 364.64 382.49

 6th

10

12

300

ONE

100

3000

3000

483.75

3000

361.01

21.8791125

5.47

9.93

1.44

1.5

401.23
M/S ECOSOL INDUSTRIES

CALCULATION OF INTEREST

Year
PARTICULARS 1st 2nd 3rd 4th 5th 6th

Opening Balance 130.00 130.00 108.33 82.33 56.33 30.33

Interest during the year - 15.97 12.63 9.22 5.82 2.41

Repayment during the year - 21.67 26.00 26.00 26.00 26.00

Closing Balance 130.00 108.33 82.33 56.33 30.33 4.33

Interest @ 13.10% 5.68 15.97 12.63 9.22 5.82 2.41

Repayment of Principle 21.67 26.00 26.00 26.00 26.00

component
 M/S ECOSOL INDUSTRIES
CALCULATION OF WORKING CAPITAL REQUIREMENTS

No. of 2015-16 2016-17 2017-18 2018-19 2019-20

PARTICULARS Days 1st 2nd 3rd 4th 5th
Rs. In lacs

Raw Materials 10 9.90 9.90 10.40 10.91 11.46

Work in Process 1 1.08 1.08 1.13 1.19 1.25

Finished Goods
Oil 3 3.39 3.39 3.56 3.73 3.92
Steel 7 0.82 0.82 0.86 0.90 0.95
Carbon 7 0.57 0.57 0.60 0.63 0.66

Sundry Debtors
Oil 30 39.80 39.80 41.79 43.88 46.07

Total Current Assets 55.55 55.55 58.33 61.24 64.31

Less :

Sundry Creditors 1 1.05 1.05 1.10 1.16 1.22

Total 1.05 1.05 1.10 1.16 1.22

Net Current Assets 54.50 54.50 57.22 60.09 63.09

Less : Margin money for Working 13.62 13.62 14.31 15.02 15.77
Capital

Bank Borrowing for working 40.87 40.87 42.92 45.06 47.32

Capital

Bank borrowing 40.00 40.00 40.00 40.00 40.00

MPBF 40.00 40.00 40.00 40.00 40.00

Interest @ 12.60% 0.84 5.04 5.04 5.04 5.04

 M/S ECOSOL INDUSTRIES
PROJECTED PROFITABILITY STATEMENT
2015-16 2016-17 2017-18 2018-19 2019-20 2020-21
PARTICULARS 1st 2nd 3rd 4th 5th 6th
(Rs. In Lakhs)

Sales 132.66 397.98 417.88 438.77 460.71 483.75

Subsidy 0.15 6.54 5.29 4.02 2.83 1.50

TOTAL 132.81 404.52 423.17 442.79 463.54 485.25

Raw Material 99.00 297.00 314.82 330.56 347.09 364.44

Power & Fuel 1.50 4.50 4.73 4.96 5.21 5.47

Salary & Wages 3.00 9.00 9.23 14.30 15.01 15.76

Other Manufacturing Expenses 6.50 19.50 20.48 21.50 22.57 23.70

Administration, Selling and 0.48 1.44 2.00 2.10 2.21 2.32

Distribution Expenses

Depreciation 9.78 18.21 15.71 13.57 11.73 10.14

Interest on Term Loan 5.68 15.97 12.63 9.22 5.82 2.41

Interest On Working Capital 0.84 5.04 5.04 5.04 5.04 5.04

Loan

TOTAL 126.77 370.65 384.63 401.26 414.68 429.29

Net Profit Before Tax 6.04 33.87 38.54 41.53 48.86 55.96

Tax - 9.00 13.10 14.12 16.61 19.03

Net Profit After Tax 6.04 24.87 25.44 27.41 32.25 36.93

Add : Depreciation 9.78 18.21 15.71 13.57 11.73 10.14

Add : Int on Term Loan - 15.97 12.63 9.22 5.82 2.41

Add : Int on Working Capital 0.84 5.04 5.04 5.04 5.04 5.04

Net cash generated before

16.65 64.08 58.82 55.25 54.84 54.53
deducting int on loan and dep

Principal due - 21.67 26.00 26.00 26.00 26.00

D.S.C.R. 1.70 1.52 1.57 1.72 1.92

Average D S C R 1.69
Interest coverage ratio 2.06 3.12 4.05 5.50 9.40 24.20
Fixed asset turnover ratio 0.73 2.43 2.82 3.26 3.75 4.29
 M/S ECOSOL INDUSTRIES
PROJECTED BALANCE SHEET
2015-16 2016-17 2017-18 2018-19 2019-20 2020-21
1st 2nd 3rd 4th 5th 6th
PARTICULARS Rs. In Lacs

ASSETS

FIXED ASSETS

Gross 192.00 182.23 164.02 148.30 134.73 123.00

Less : Depreciation 9.78 18.21 15.71 13.57 11.73 10.14

Net 182.23 164.02 148.30 134.73 123.00 112.86

CURRENT ASSETS

Raw Material 9.90 9.90 10.40 11.42 11.46 11.46

Work in Process 1.00 1.00 1.04 1.15 1.25 1.30

Stock of Finished goods 4.77 4.77 5.01 7.10 8.50 8.50

Sundry Debtors 39.80 39.80 42.00 45.00 50.00 53.00

Deposit & Advances 6.00 8.00 9.00 10.00 10.00 13.00

Cash and Bank Balance 0.39 11.80 14.03 10.84 10.34 12.43

Total 244.09 239.29 229.78 220.25 214.56 212.55

LIABILITIES

Capital 67.00 73.04 89.91 106.35 122.76 143.01

Less : Drawings - (8.00) (9.00) (11.00) (12.00) (13.00)
Add : Net Profit 6.04 24.87 25.44 27.41 32.25 36.93
73.04 89.91 106.35 122.76 143.01 166.94

Term Loan From Bank 130.00 108.33 82.33 56.33 30.33 4.33

Bank Borrowing For Working 40.00 40.00 40.00 40.00 40.00 40.00
Capital

Sundry Creditors 1.05 1.05 1.10 1.16 1.22 1.28

Total 244.09 239.29 229.78 220.25 214.56 212.55

 M/S ECOSOL INDUSTRIES

PROJECTED CASH FLOW STATEMENT

Year
PARTICULARS 1st 2nd 3rd 4th 5th 6th

A. Cash flow from Operating Activities

Net Profit After Tax 6.04 24.87 25.44 27.41 32.25 36.93
Add : Depreciation 9.78 18.21 15.71 13.57 11.73 10.14
Less : Increase in Working Cap. (54.50) (0.00) (2.92) (6.17) (6.48) (2.99)

(38.69) 43.08 38.23 34.81 37.50 44.09

B. Cash flow from Investing Activities

Purchase of Fixed Assets (192.00) - - - - -

Deposits (6.00) - - (1.00) - (3.00)

(198.00) - - (1.00) - (3.00)

C. Cash flow from Financing Activities

Capital Contribution by proprietor 67.00 - - - - -

Term loan taken from bank 130.00 - - - - -
Term loan repayment - (21.67) (26.00) (26.00) (26.00) (26.00)
Drawings - (8.00) (9.00) (11.00) (12.00) (13.00)
Increase in working capital loan 40.00 - - - - -

237.00 (29.67) (35.00) (37.00) (38.00) (39.00)

Net Increase in cash & cash equivalents 0.31 13.41 3.23 (3.19) (0.50) 2.09
Cash & cash equivalents at the beginning of
- 0.31 13.72 16.95 13.76 13.26
the period
Cash & cash equivalents at the end of the
0.31 13.72 16.95 13.76 13.26 15.35
period
 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21
1st 2nd 3rd 4th 5th 6th
Subsidy :
Stamp Duty on Land - - - - - -
5% int on Term Loan - 6.09 4.82 3.52 2.31 0.96
Electricity Duty 0.15 0.45 0.47 0.50 0.52 0.55
0.15 6.54 5.29 4.02 2.83 1.50
 M/S ECOSOL INDUSTRIES

LIST OF PLANT & MACHINERIES TO BE ACQUIRED UNDER THE PROJECT

SR. NO. DESCRIPTION QUANTITY NAME OF SUPPLIER LOCAL / ORIGINAL OCTROI TOTAL
IMPORTED COST TRANSPORTATION

1 Tyre Pyrolysis Plant 1 KGN Industries Imported 9,650,000 50,000 9,700,000

Plot No 39 & 40 from
Survey No 303 Hyderabad
Ram Reddy Nagar
IDA Jeedimetla
Hyderabad - 500055
 EMI SCHEDULE :
Loan Amount 13000000
Loan Term (Years) 5
Payments Per Year 12
Rate of Interest 13.10%
Monthly Installment 296456
EMI INTEREST PRINCIPAL CL BAL
YEAR - 1
0 13000000
April end 1 0 141917 0 13000000
2 0 141917 0 13000000
3 0 141917 216667 12783333
4 356218 139551 216667 12566666
5 353853 137186 216667 12350000
6 351487 134821 216667 12133333
7 349122 132456 216667 11916666
8 346757 130090 216667 11700000
9 344392 127725 216667 11483333
10 342026 125360 216667 11266666
11 339661 122994 216667 11050000
12 337296 120629 216667 10833333

YEAR - 2
13 334931 118264 216667 10616666
14 332565 115899 216667 10400000
15 330200 113533 216667 10183333
16 327835 111168 216667 9966666
17 325469 108803 216667 9750000
18 323104 106437 216667 9533333
19 320739 104072 216667 9316666
20 318374 101707 216667 9100000
21 316008 99342 216667 8883333
22 313643 96976 216667 8666666
23 311278 94611 216667 8450000
24 308912 92246 216667 8233333
YEAR - 3
25 306547 89881 216667 8016666
26 304182 87515 216667 7800000
27 301817 85150 216667 7583333
28 299451 82785 216667 7366666
29 297086 80419 216667 7150000
30 294721 78054 216667 6933333
31 292356 75689 216667 6716666
32 289990 73324 216667 6500000
33 287625 70958 216667 6283333
34 285260 68593 216667 6066666
35 282894 66228 216667 5850000
36 280529 63862 216667 5633333

YEAR - 4
37 278164 61497 216667 5416666
38 275799 59132 216667 5200000
39 273433 56767 216667 4983333
40 271068 54401 216667 4766666
41 268703 52036 216667 4550000
42 266337 49671 216667 4333333
43 263972 47306 216667 4116666
44 261607 44940 216667 3900000
45 259242 42575 216667 3683333
46 256876 40210 216667 3466666
47 254511 37844 216667 3250000
48 252146 35479 216667 3033333

YEAR - 5
49 249781 33114 216667 2816666
50 247415 30749 216667 2600000
51 245050 28383 216667 2383333
52 242685 26018 216667 2166666
53 240319 23653 216667 1950000
54 237954 21287 216667 1733333
55 235589 18922 216667 1516666
56 233224 16557 216667 1300000
57 230858 14192 216667 1083333
58 228493 11826 216667 866666
59 226128 9461 216667 650000
60 223762 7096 216667 433333
61 221397 4731 216667 216666
62 219032 2365 216667 0
TOTAL INT

1,596,562

1,263,058
922,458

581,858
241,258
S No. Particulars Amount in lacs
(I) Land & Site Development 45.00
(II) Building 42.83
(III) Plant & Machinery 97.00
(IV) Preliminary & Pre-operative Expenses 5.00
(V) Margin Money for working Capital 7.17
TOTAL 197.00
MEANS OF FINANCE
(I) Promoters Contribution 67.00
(II) Term Loan from Bank 130.00
TOTAL 197.00
Increase in Working Capital
Years
1 2 3 4 5 6

Working Capital 54.42 54.42 57.34 63.52 69.99 72.98

Increase in WC 54.42 0.00 2.92 6.17 6.48 2.99